ADVERTISEMENT

Lumax Auto- Modest Expansion Needs, Negligible Debt Levels Provide Comfort: HDFC Securities Initiates Coverage

The outlook for automobile demand is improving and the company is witnessing increased offtake for its products.

<div class="paragraphs"><p>Headlights manufactured by Lumax Industries Ltd. (Source: Company website)</p></div>
Headlights manufactured by Lumax Industries Ltd. (Source: Company website)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More